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Today's Mortgage Minute

Todays Mortgage Minute

Today’s Mortgage Minute is hosted by David Lykken, a leading national financial expert. David is a frequent guest on FOX Business News with Neil Cavuto.

Archived from iTunes at https://itunes.apple.com/us/podcast/todays-mortgage-minute/id1077884147. Items in this collection are restricted.

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Today's Mortgage Minute
May 6, 2016 Todays Mortgage Minute
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Here's what happen this week with mortgage rates and housing.  Mortgage rates moved lower on weaker than expected economic data.  Most concerning is that unemployment rose and job growth fell.    NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates...
Today's Mortgage Minute
May 5, 2016 Todays Mortgage Minute
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Rents are now increasing at the fastest rate since the housing crisis in 2007. You think that this would be a motivating factor for those that are renting to buy home. However, the higher rates get the last renters have to say up for a down payment.  This is going to impact the first-time homebuyer.   NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time...
Today's Mortgage Minute
May 4, 2016 Todays Mortgage Minute
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Today we have the ADP payroll jobs report being issued and it is an indication of job growth in America. The reason we pay attention to this report is that it measures short-term job growth or job contraction within US labor market. Either way, this report as an influence on whether or not the Federal Reserve will raise interest rates.    NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage...
Today's Mortgage Minute
May 3, 2016 Todays Mortgage Minute
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Good news for mortgage delinquencies. They are now down to the lowest level they been at since June 2008. While we have a little further to do, we are beginning to get close to the pre-housing crisis delinquencies. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move...
Today's Mortgage Minute
May 2, 2016 Todays Mortgage Minute
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On this week's economic calendar we start off with construction spending on Monday as well as Institute for supply managers index. Then on Wednesday, we received the ADP payroll change report to see the number of net new paychecks issued. We have a number of other manufacturing sector reports as well as jobs and earnings data coming out throughout the week all of which could impact mortgage rates.    NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's...
Today's Mortgage Minute
May 1, 2016 Todays Mortgage Minute
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With 10,000 baby boomers reaching retirement age each day, normally would see them selling their homes and downsize.  However, that's not happening because the kids of baby boomers are not able to find jobs and are moving back home delaying their parents desire to sell their home.    NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he...
Today's Mortgage Minute
Apr 30, 2016 Todays Mortgage Minute
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With home values going up 27.5% since the housing crisis, some housing observers believe we could be in a housing bubble. I challenge that because there remains a very strong buyer demand trying to purchase a limited supply of homes for sale.    NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic...
Today's Mortgage Minute
Apr 29, 2016 Todays Mortgage Minute
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This week we saw the new home sales numbers come in below the previous months as well as pending home sales numbers were below expectations. Pending home sales reflect where home sales activity may be heading. Mortgage rates rose slightly this week.   NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the...
Today's Mortgage Minute
Apr 28, 2016 Todays Mortgage Minute
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The reason being given for recent home sales reports coming in below expectations is because of a lack of inventory of homes for sale in the market.  Here’s a link to a website that challenges this assertion and I encourage you to read it… http://seekingalpha.com/article/3563066-low-housing-inventory-myth  NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy...
Today's Mortgage Minute
Apr 27, 2016 Todays Mortgage Minute
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There are three main home sales reports, existing homes, new home sales and today's Pending Home Sales Report, which provides us the best insight into where home sales are at this moment in time.   NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates either...
Today's Mortgage Minute
Apr 26, 2016 Todays Mortgage Minute
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Today's Consumer Confidence Report is important to the direction of rates.  If the number is better than 100, consumers are more confident.  However, a number below 100 means consumers are concerned about the economy.  A number above 100 pushed rates higher and a number below 100 helps keep rates lower. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and,...
Today's Mortgage Minute
Apr 25, 2016 Todays Mortgage Minute
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We have a very full economic calendar this week. We start the day off today with new home sales and then on Wednesday we have pending home sales. Both of these numbers will give us insight into the strength of the housing market. We also have a number of treasury auctions this week that will give us an indication is if money is flowing in or out of the bond market. How money is flowing either into or out of the bond market can have an impact on the direction of interest rates. For the rest of...
Today's Mortgage Minute
Apr 24, 2016 Todays Mortgage Minute
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Seller Financing is an option that provides a number of advantages and benefits to both the seller and the buyer in a home purchasing transaction and in this episode, I'll explain. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates either up or down....
Today's Mortgage Minute
Apr 23, 2016 Todays Mortgage Minute
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There is an option to waiting and saving to purchase a home. It's called a lease option program.  This is where you rent or lease a home and a portion of your rent or lease payment is applied to the down payment of the home. It's a way for you to lock-in a purchase price of a home at today's values.  This works great when home values are rising quickly.   NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened...
Today's Mortgage Minute
Apr 22, 2016 Todays Mortgage Minute
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This week we saw existing home sales numbers grow nicely by 5.1% and housing starts, while missing expectations, grew 14.5% over the same period last year but mortgage rates remained relatively unchanged. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates...
Today's Mortgage Minute
Apr 21, 2016 Todays Mortgage Minute
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Whether you are considering looking for a new home where you live or moving somewhere else in the nation, there are a number of websites that show home values across the nation.  Here are two of them I recommend looking at... Zillow.com or Trulia.com.    NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the...
Today's Mortgage Minute
Apr 20, 2016 Todays Mortgage Minute
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Not only are builders building bigger and bigger homes but they are also building homes that are smarter.   NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates either up or down.  This short podcast is the audio version of the daily video known as Today’s...
Today's Mortgage Minute
Apr 19, 2016 Todays Mortgage Minute
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It is really interesting to learn the in spite of a fascination of smaller micro homes, the real trend is for builders to be building bigger and bigger homes. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage rates either up or down.  This short podcast is...
Today's Mortgage Minute
Apr 18, 2016 Todays Mortgage Minute
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There is not a lot on this week's economic calendar but what is there will give us insights in the housing market. We start the week off with the homebuilder survey on Monday followed by housing starts on Tuesday and then existing home sales on Wednesday. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the...
Today's Mortgage Minute
Apr 17, 2016 Todays Mortgage Minute
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If you're looking for something to do this Sunday afternoon, opened the real estate section of your Sunday paper inconsiderate going out and walking through any number of the open houses that are being advertised. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move...
Today's Mortgage Minute
Apr 16, 2016 Todays Mortgage Minute
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With rates once again this low, is it time to refinance?  Yes, possibly if you can reduce your interest rate by at least 3/8th's of a percent.  But do a side-by-side comparison of a no-cost or low-cost refinance option vs. a full cost refinance because interests can vary between the programs.   NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time...
Today's Mortgage Minute
Apr 15, 2016 Todays Mortgage Minute
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This week we got a lot of economic data. Weekly unemployment claims came in again below 300,000 for the 58th consecutive week.   we had three treasury auctions two of which were strong which helps the interest rates at the lower level. Mortgage rates fell just slightly. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what...
Today's Mortgage Minute
Apr 14, 2016 Todays Mortgage Minute
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Federal Reserve officials can send mixed messages when they speak off the record. These comments are oftentimes inconsistent with what they say on the record. This can cause for interest rate volatility because the markets are not sure what to believe. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic...
Today's Mortgage Minute
Apr 13, 2016 Todays Mortgage Minute
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Based on comments by a number of Federal Reserve officials, we can anticipate mortgage rates moving higher later this year.   this explains why many are taking advantage of these mortgage rates, the lowest since 2013. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move...
Today's Mortgage Minute
Apr 12, 2016 Todays Mortgage Minute
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Mortgage rates are back down to the lowest levels they been at since 2013. But will they stay at these levels? We should get some insights from the US treasury auctions that would be taking place this week. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move mortgage...
Today's Mortgage Minute
Apr 11, 2016 Todays Mortgage Minute
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This week we have a number of US Treasury Auctions as well as the Consumer Price Index (CPI), retail sales and jobless claims.  But what is going to be of most interest is what the Fed Beige Book reveals on Wednesday. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the economic calendar today that could move...
Today's Mortgage Minute
Apr 10, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  A little known economic statistic call Household Formation is one of the key factors to a healthy housing market.  Household Formations unfortunately have been lagging largely because of student loan debt and slow job and wage growth.  But it is anticipated that somewhere between 2020 and 2024 household formation will be strong which could result in another...
Today's Mortgage Minute
Apr 9, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  Here are four reasons why the Federal Reserve will most likely keep rates at these levels... 1) Weak foreign economies.  2) Dollar appreciation. 3) Slow productivity & 4) household formation levels are not keep pace with income growth and population growth.    NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's...
Today's Mortgage Minute
Apr 8, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  This week, the focus was on the Federal Reserve and whether or not there were to raise interest rates. They reassured us by way of the Federal Open Market Committee (FOMC) meeting minutes that most likely will not be happening anytime too soon because of weaknesses in the economies of other countries that could have an impact on our own economy.    NOTE TO...
Today's Mortgage Minute
Apr 7, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  It is encouraging to see the Labor Participation Rate improving in our country as it means  A greater percentage of Americans are returning to the workforce and able to obtain jobs.    NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the...
Today's Mortgage Minute
Apr 6, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  The purpose of the Federal Reserve's Federal Open Market Committee (FOMC) is to set control monetary policy for the US. They make the decision when to raise or lower interest rates. It is for this reason we pay close attention anytime the FOMC meeting minutes are released. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's...
Today's Mortgage Minute
Apr 5, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  Today, we have an important jobs report being released known the Job Openings and Labor Turnover Survey a/k/a the JOLTS report. This report Is one of the most comprehensive job reports have and therefore is closely monitored by the Federal Reserve. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it...
Today's Mortgage Minute
Apr 4, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  We do not have a lot of economic data being released this week what is the good have an impact someone the housing. What will be of most interest to us are the contents of the Federal Open Market Committee (FOMC) meeting minutes. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what...
Today's Mortgage Minute
Apr 3, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  It is time for our Presidential candidates to start telling us their plans for the housing finance system in our country such as Fannie Mae, Freddie Mac, HUD/FHA & VA.  Given that over 95% of all mortgages are effectively being purchased by one of these governmental agencies, any changes to these agencies can have a big impact on the availability of mortgage...
Today's Mortgage Minute
Apr 2, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  There are so many things that are be determined by this presidential election and the direction of housing is one of them. Our current housing finance system, which supports the housing market, is built upon government programs.  Ttherefore, this presidential election is very critical to not only our housing market, but also our economy.     NOTE TO LISTENER:...
Today's Mortgage Minute
Apr 1, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  This week's Pending Home Sales report came in much better than expected in stark contrast to last week's Existing Home Sales report which you came in much weaker than expected.   Mortgage rates remained relatively unchanged for the week.     NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it...
Today's Mortgage Minute
Mar 31, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  This week, we had a series of US treasury auctions we pay close attention to them because the flow of money in or out of the treasury bonds impact the direction of mortgage rates.       NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing...
Today's Mortgage Minute
Mar 30, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  Today we have the Federal Reserve Chairwoman speaking which will give us insight into the direction of interest rates but few people understand the origin of the federal reserve and why they exist. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing...
Today's Mortgage Minute
Mar 29, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  Pending Homes Sales came in much better than expected exceeding the previous months disappointing report. This bodes well for the housing market as we head into the spring home buying season. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing...
Today's Mortgage Minute
Mar 28, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  This week we have a very full economic calendar  starting off with a report on whether or not we've seen any growth in Personal Income.  Also being released today will be the latest Pending Home Sales numbers which will give us insights into the home buying market as we head into the spring months.  Were hoping for a strong number to counteract last weeks weak...
Today's Mortgage Minute
Mar 27, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  As a result of recent comments from a number of Federal Reserve officials there is a growing consensus that it is possible that we could see a rate hike in late April which is when they meet next.  This is in stark contrast to comments made by Fed Chairwoman, Janet Yellen only a few weeks ago.     NOTE TO LISTENER:  Each day, David Lykken produces a...
Today's Mortgage Minute
Mar 26, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  Mortgage rates started moving lower this past week breaking a four-week trend of moving higher.  There are a number of factors that are going to continue to play into the direction of interest rates one of which is this is an election year. While the Federal Reserve is supposed to be politically neutral, they also don't want to be viewed as being unnecessarily...
Today's Mortgage Minute
Mar 25, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  This is what happened this week with mortgage rates and housing. Existing Home Sales came in lower than expected but New Home Sales came in better-than-expected. Mortgage rates reversed a four-week trend and started moving lower again.     NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it...
Today's Mortgage Minute
Mar 24, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  Thankfully, New Home Sales came in better than expected which should encourage home builders to keep building more homes, which, in turn, helps the economy as well as helps housing inventory shortages.      NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage...
Today's Mortgage Minute
Mar 23, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  We are hoping for a strong New Home Sales report today especially after Monday's disappointing Existing Home Sales report. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he will comment on what is on the...
Today's Mortgage Minute
Mar 22, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  There is not as much on this week’s economic calendar but we do have two very important number home sales numbers that will give us insights to how the Spring home buying season could be starting off.  NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates,...
Today's Mortgage Minute
Mar 22, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  We were very disappointed to learn that yesterday's Existing Home Sales number came in much lower than expected. The National Association of Realtors blamed low inventories and higher prices for this decline. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage...
Today's Mortgage Minute
Mar 20, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  When you look at the latest homebuilder survey and housing starts numbers, we are encouraged by what we see. However, when you compare the latest housing starts numbers to where these numbers were in the previous economic recovery, we should be further along, especially given how low interest rates are.  This suggests this is a weak recovery at best, at least...
Today's Mortgage Minute
Mar 19, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  This past week we received a positive homebuilder survey as well as better-than-expected housing starts report. However, there's more to this story as it relates to the new home construction trends. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates,...
Today's Mortgage Minute
Mar 18, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  This week we learned that homebuilders feel good about the overall prospects of continuing to build new homes and housing starts came in better than expected. The Federal Reserve announced this week that they're going to hold interest rates at their current levels. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage...
Today's Mortgage Minute
Mar 17, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  Today we have the Job Opening and Labor Turnover Survey, also known as the JOLTS report, which is a comprehensive report about job growth here in America. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time allowing, he...
Today's Mortgage Minute
Mar 16, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  Today at 2 PM Eastern time we had the Federal Reserve releasing a statement, which will give us insights into whether or not they will be raising interest rates this year. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and,...
Today's Mortgage Minute
Mar 15, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  Today we have the Homebuilders Association releasing the survey of homebuilders which were hoping to be positive so builders will be motivated to continue to build more homes to meet the shortage of homes for sale in many markets. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what...
Today's Mortgage Minute
Mar 14, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  There is a lot of economic data being released this week but what will be of most interest to us will be the Federal Reserve meeting minutes being released on Wednesday. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time...
Today's Mortgage Minute
Mar 13, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  The three primary factors that could impact the value of your home are the (1) directions of interest rates, (2) job and income growth and (3) household formation. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time...
Today's Mortgage Minute
Mar 12, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  In many parts of the country, we've had ongoing home price appreciation but that doesn’t necessarily mean we are in a housing bubble? While we've had weakening home sales, values have not fallen because demand remains strong for the supply of homes that are the market. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's...
Today's Mortgage Minute
Mar 11, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  There was very little economic data released this week but it was weak US Treasury auctions that continued to push mortgage rates higher for the second week in a row. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time...
Today's Mortgage Minute
Mar 10, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  If you are going to consider using an adjustable rate mortgage (ARM) loan, you need to understand that the five components of an ARM loan are (1) the index, (2) the margin, (3) the note rate, (4) the capped rate and (5) the adjustment period. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it...
Today's Mortgage Minute
Mar 9, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  We pay close attention to these treasury auctions which were going to have this week to see how money is flowing either in or out of the bond market. As the money flows one way or the other determines whether or not interest rates are going to go up or down.. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage...
Today's Mortgage Minute
Mar 8, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  There are two primary factors that will cause of mortgage rates to rise on a consistent basis. They are inflation and job growth. Today I am focusing on job growth. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time...
Today's Mortgage Minute
Mar 7, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy: There is not a lot of economic data on the economic counter this week however will be paying close attention to the treasury auctions in the first part of the week and then what the European Central Bank's intentions are as relates to their monetary policy and if there's any continue to pursue quantitative easing which could benefit our stock market and...
Today's Mortgage Minute
Mar 6, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  In recent months, the Labor Participation Rate has been improving which is good for the economy but this could result in mortgage rates to starting to move higher so consider taking advantage of these rates at these levels. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened...
Today's Mortgage Minute
Mar 5, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  Yesterday's job growth numbers came in better than expected but unfortunately the income growth was disappointing. We need both job growth and income growth to have a healthy economy. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the...
Today's Mortgage Minute
Mar 4, 2016 Todays Mortgage Minute
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Here's a brief description of today's one-minute update of what happened yesterday with mortgage rates, housing and the economy:  This week we saw mortgage rates begin to inch up slightly as a result of a positive report from the Federal Reserve as well as some better-than-expected economic news. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy and, time...
Today's Mortgage Minute
Mar 3, 2016 Todays Mortgage Minute
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Here's today's one minute update of what happened with mortgage rates, housing and the economy:  Yesterday, rates once again moved slightly higher as a result of the latest ADP Payroll Change report which indicated that the number of net new paychecks came in higher that economists expected. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy. This video...
Today's Mortgage Minute
Mar 2, 2016 Todays Mortgage Minute
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Here's today's one minute update of what happened with mortgage rates, housing and the economy: Yesterday's Construction Spending numbers came in at 1.5% versus the .5% anticipated by economists and on that news, mortgage rates reversed direction and started moving higher. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy.  This video appears on hundreds...
Today's Mortgage Minute
Mar 1, 2016 Todays Mortgage Minute
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Here's today's one minute update of what happened with mortgage rates, housing and the economy:  Pending Home Sales  came in much lower than expected in spite of mortgage rates being at near historic low's.   Good news is that we saw mortgage rates continue to move lower again today. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy.  This video appears...
Today's Mortgage Minute
Feb 29, 2016 Todays Mortgage Minute
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Here's today's one minute update of what happened with mortgage rates, housing and the economy:  We have a very full economic calendar this week starting off with Pending Home Sales report today.  Later in the week we  have the  Federal Reserve's "beige book" which will give us insight into what the Fed is thinking about the economy and raising interest rates. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it...
Today's Mortgage Minute
Feb 28, 2016 Todays Mortgage Minute
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Here's today's one minute update of what happened with mortgage rates, housing and the economy: As we get further and further along in this presidential election cycle, I believe we need to hear from our presidential candidates about their plans for Fannie Mae, Freddie Mac, FHA and VA. Join me in encouraging these candidates to talk more about this in upcoming debates. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it...
Today's Mortgage Minute
Feb 27, 2016 Todays Mortgage Minute
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Here's today's one minute update of what happened with mortgage rates, housing and the economy: How important is this Presidential Election to the housing market? When you consider that 97% of all mortgage loans made in America are either insured by or bought by a government agency, it's extremely important and for this reason we need to hear from these presidential candidates on this important topic. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's...
Today's Mortgage Minute
Feb 26, 2016 Todays Mortgage Minute
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Here's today's one minute update of what happened with mortgage rates, housing and the economy: This week, mortgage rates once again started moving lower.  Existing Home Sales came in fairly strong but New Home Sales were disappointing. This is surprising given these low mortgage rates and the shortage of housing inventory. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing...
Today's Mortgage Minute
Feb 25, 2016 Todays Mortgage Minute
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Here's today's one minute update of what happened with mortgage rates, housing and the economy:  New Home Sales fall as did Existing Home sales earlier in the week and this is in spite of falling rates which is as curious as it is unusual. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy.  This video appears on hundreds of radio, television and newspaper...
Today's Mortgage Minute
Feb 24, 2016 Todays Mortgage Minute
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Here's today's one minute update of what happened with mortgage rates, housing and the economy: Is it a lack of inventory of homes for sale or is it a lack of buyers that is hurting Existing Home Sales?  It sure isn't that rates are too high. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy.  This video appears on hundreds of radio, television and...
Today's Mortgage Minute
Feb 23, 2016 Todays Mortgage Minute
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Here's today's one minute update of what happened with mortgage rates, housing and the economy: It will not be mortgage rates but instead housing inventories, or a lack thereof, that will be the key to this month's existing home sales report. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy.  This video appears on hundreds of radio, television and...
Today's Mortgage Minute
Feb 22, 2016 Todays Mortgage Minute
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Here's today's one minute update of what happened with mortgage rates, housing and the economy:  Here's what is on this week's economic calendar that could impact  mortgage rates and housing. NOTE TO LISTENER:  Each day, David Lykken produces a one-minute video, called “Today's Mortgage Minute” and it covers what happened with mortgage rates, housing and the economy.  This video appears on hundreds of radio, television and newspaper websites across the nation and is seen by...